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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ „Susisiekimo paslaugos“ was registered on November 23, 1998. The main activities of the company are organization of public transport, organization of maintenance of public transport infrastructure, organization of parking tolls, traffic monitoring and traffic light management, administration of traffic light control and traffic violation recording systems.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 40,115 28,228 27,327 38,267
Cost of goods sold 30,688 19,422 24,605 32,651
Gross profit (loss) 9,427 8,807 2,722 5,616
Gross profit margin 23% 31% 10% 15%
Operating expenses 7,324 7,939 2,014 3,174
Operating profit (loss) 748 -100 197 1,775
Operating profit margin 2% -0% 1% 5%
EBITDA 1,817 690 650 2,448
EBITDA margin 5% 2% 2% 6%
Net profit (loss) 668 -29 279 1,554
Net profit margin 2% -0% 1% 4%

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 8,394 7,528 7,817 12,404
Intangible assets 822 534 460 659
Tangible assets 7,101 6,954 7,065 8,160
Financial assets 441 0 248 3,513
Other non-current assets 29 40 45 72
Current assets 8,706 4,640 9,177 13,214
Inventories and prepaid expenses 80 79 55 41
Accounts receivable in one year 5,707 2,720 5,351 2,743
Other current assets 0 0 168 231
Cash and cash equivalents 2,920 1,841 3,603 10,151
Total assets 17,180 12,194 17,210 25,869
Equity 5,707 4,723 4,946 6,624
Grants and subsidies 2,662 2,300 2,231 3,048
Liabilities 7,706 4,563 5,692 10,702
Financial liabilities 0 0 245 3,753
Long-term liabilities 52 92 190 3,316
Short-term liabilities 7,654 4,471 5,501 7,386
Equity and liabilities 17,180 12,194 17,210 25,869

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 3% -0% 2% 7%
Return on equity (ROE) 11% -1% 6% 27%
Return on capital employed (ROCE) 13% -2% 4% 18%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.01 0.15
Current Ratio 1.14 1.04 1.67 1.79
Quick ratio 1.13 1.02 1.66 1.78
Turnover ratios
Asset turnover 2.33 2.31 1.59 1.48
Fixed asset turnover 4.78 3.75 3.50 3.09
Equity turnover 7.03 5.98 5.52 5.78
Profitability ratios
EBITDA margin 5% 2% 2% 6%
Operating profit margin 2% -0% 1% 5%
Net profit margin 2% -0% 1% 4%
Other ratios
Dividends to the Municipality 797.92 56.22 17.10 948.50
Dividends paid / net profit 1.19 -1.96 0.06 0.61

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameSĮ „Susisiekimo paslaugos“
  • Legal formMunicipality enterprise (SĮ)
  • Company code124644360
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionVilnius city municipality
  • Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
  • Share belonging to the Municipal100%
https://judu.lt/
Return to the Municipality

948 EUR thousand

ROE

26.9%

Number of employees

200

Financial data provided as at end-December 2022

Management

  • Gintaras MacijauskasChief Executive Officer

Information as of: 4/30/2023